The report covers the present scenario and the growth prospects of the global Cold Milling Machine Market for 2018-2025. To calculate the market size, the report considers the in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Los Angeles, CA -- (SBWIRE) -- 11/29/2018 -- This report studies the Cold Milling Machine market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Cold Milling Machine (also known as a cold planer, pavement planer, pavement recycler or rotomill) is a piece of heavy equipment used to remove old asphalt pavements and surfaces from roadways, resulting in an even surface. The machine's revolving cutting head cuts into the pavement at a predetermined depth and cross slope and removes the reclaimed asphalt pavement (RAP). The milling machine is equipped with a conveyor which deposits the RAP into a transport truck, or the RAP can be left in place (wind-rowed) to be removed at a later date or used in recycling.
The global cold milling machine average price is in the decline trend, from 326 K $/unit in 2013 to 297 K $/unit in 2017. The price will be in decline trend if more capacity goes into operation and price of the raw material get reduction in the future. The cold milling machine sales will reach about 3174 units in 2017 from 2623 units in 2013 all around the world, with the CAGR of 4.88%.
Europe is the largest consumption country of cold milling machine in the world in the past few years and it will keep the same position in the next few years. European market took up about 38% the global market in 2017, followed by USA (24%), and China is followed with the share about 21%.
The global Cold Milling Machine market was 940 million US$ in 2017 and is expected to 840 million US$ by the end of 2025, growing at a CAGR of -1.4% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cold Milling Machine in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Wirtgen
CMI
Caterpillar
RoadTec
XCMG
Bomag
Huatong Kinetics
Sany Group
John Deere
Xi'an Hongda
SCMC
By the product type, the market is primarily split into
Small Cold Milling Machine
Medium Cold Milling Machine
Large Cold Milling Machine
By the end users/application, this report covers the following segments
Asphalt Road
Concrete Road
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